MoneyAM Fund Centre

Quick Stats

Fund Objective

The fund aims to provide capital appreciation through investment in a portfolio of quoted securities on a worldwide basis. The fund will be invested primarily in global equities but may also invest in cash-based investments.

Fund Managers

Kenneth A Broekaert

Kenneth Broekaert joined Burgundy in 2003. He was appointed as a Senior Vice President in 2010. Ken’s passion for investing grew out of his interest in business. His interests were as a generalist within business, across business functions and industries, as well as outside of business across subjects such as philosophy, psychology and math, which have also been useful for investing. His generalist interests led him to The Boston Consulting Group at the start of his career. A fascination he developed during that period was the study of how businesses can enhance or lose their competitive advantages. Then he discovered the writings of Warren Buffett and Benjamin Graham. Their teachings immediately resonated because the concept of value was embedded in him from his upbringing in a family with modest means and conservative financial views. One of his favourite Buffett concepts is to challenge yourself to make only 20 investment decisions in your life, which requires good judgement about the durability of the competitive advantages of businesses. Ken continuously challenges himself to own a concentrated portfolio of companies that Burgundy could own “forever” that earn stronger long-term returns for clients. Ken’s interests in business as a generalist, competitive strategy and value investing have made Burgundy a very natural and happy home for him. He is a CFA charterholder, also completed MBA (Dean’s Honor List) in Richard Ivey School of Business, Western University and Honors Business Administration (Ivey Scholar) in Richard Ivey School of Business, Western University. He is a chairman of Audit Committee, Loran Scholars Foundation and member of CFA Society Toronto and CFA Institute.

George Loening

George Loening founded Select Equity in January 1990 while still studying at Columbia University from where he graduated in 1992. With the exception of a part-time position as a junior analyst at Gabelli Asset Management, George is a self-taught investor and is responsible for developing the company’s investment and research engines. From inception George operated independently for almost two years before launching a US equity small- and midcap strategy and is now also the lead Portfolio Manager for a number of long-only and long/ short US strategies.

Chad Clark

Chad Clark joined Select Equity in August 2010 and is the lead Portfolio Manager for both longonly and long/short global equity strategies. Prior to joining Select Equity, he previously spent 14 years at Harris Associates where he was a Partner and co-managed the Oakmark International small-cap fund. Chad is a Chartered Financial Analyst and received a BS from Carnegie Mellon University in Pittsburgh.

James Hamel

James is a managing director of Artisan Partners. Based in Milwaukee, he is a portfolio manager in their Growth Team and one of its founder members. Within the team, he is the lead portfolio manager for the Artisan Global Opportunities Fund and the small-cap growth strategy. Prior to joining Artisan Partners in 1997, James was a financial associate, cost analyst and operations manager of Kimberly-Clark Corporation from 1990 to 1997.